From my knowledge of Tamrielan cosmology, there is no "space" as we think of space in our universe. There is Mundus, the world of Nirn. Then comes Oblivion, the empty void between Mundus and Aetherius. Oblivion is not truly empty, but is eternal, and contains the "spheres" of the Daedra Princes. These spheres are not literal planets, but are seen as much because mortals cannot comprehend infinity. After Oblivion there comes Aetherius, where the Dreamsleeve and the Et'ada reside. In his passage to Aetherius, Magnus (Spirit of Magic) created a hole in the fabric of Mundus that led from Oblivion to Aetherius, and this is what is called the sun. Other holes left by lesser Et'ada created the 'stars.' From these openings, we receive magicka.
My question relates to the text "Magic from the Sky." This text discusses Welkynd and Varla stones. These stones are supposedly made from "meteoric glass" that falls from Aetherius. I thought Aetherius was just a plane of magic, and had no earth to speak of? How can there be meteors falling from the sky if there strictly is no sky, or at least nothing beyond the sky except for void and magic?
http://www.uesp.net/wiki/Oblivion:Magic_from_the_Sky