Lateral breaks in points is common.
Miss your target and hit a rock, this is what you get.
Hit a bone, this is what you get.
Flintknap and this is what you often get. lol ... you do break them.
Whether or not this one was reformatted into an awl or drill would depend on careful examination of the "blue" edge.
In one pic, it does look like there may have been man-made chips taken along that blue edge.
If used on shell, stone, bone, ... it should show some sort of micro chipping as a form of use wear.
At least some sort of rounding along that edge.
If used as an awl on hides, it might show a bit of polishing along the edges, near the tip.
Either way, I'm just tossing the idea out there that this may very well have been a larger, well balanced point, to begin with.
The break pattern is very common, and they would naturally be reformatted as a secondary awl or drill.
Carefully examining that blue edge would be where you'd want to look for primary evidence that this might be the case.
