J002E3 is the designation given to an object in space discovered on September 3, 2002 by amateur astronomer Bill Yeung. Initially thought to be an asteroid, it has since been tentatively identified as the S-IVB third stage of the Apollo 12 Saturn V rocket (designated S-IVB-507), based on spectrographic evidence consistent with the paint used on the rockets. The stage was intended to be injected into a permanent heliocentric orbit in November 1969, but is now believed instead to have gone into an unstable high Earth orbit which left Earth's proximity in 1971 and again in June 2003, with an approximately 40-year cycle between heliocentric and geocentric orbit.
When it was first discovered, it was quickly found that the object was in an orbit around Earth. Astronomers were surprised at this, as the Moon is the only large object in orbit around the Earth, and anything else would have been ejected long ago due to perturbations with the Earth, the Moon and the Sun.
Therefore, it probably entered into Earth orbit very recently, yet there was no recently launched spacecraft that matched the orbit of J002E3. One explanation could have been that it was a 30-meter-wide piece of rock, but University of Arizona astronomers found that spectral observations of the object indicated a strong correlation of absorption features with a combination of human-made materials including white paint, black paint, and aluminum, consistent with Saturn V rockets. Back-tracing its orbit showed that the object had been orbiting the Sun for 31 years and had last been in the vicinity of the Earth in 1971. This seemed to suggest that it was a part of the Apollo 14 mission, but NASA knew the whereabouts of all hardware used for that mission; the third stage, for instance, was deliberately crashed into the Moon for seismic studies.