Its difficult to put this into the title.
I was watching the Redbull Jump and noticed that the height of this is at 39 kilometres (24 mi) the atmosphere pressure is at I believe about 0.4% of that at sea-level. I was imagining, what if a large satellite dragged a cable (bungie cord, rope) below it into the atmosphere and the person grabbed onto the cord that is below the satellite, from the position of the Redbull jump altitude. The satellite may or may not be geo-stationary. Since the atmosphere pressure is low, even if the cable was moving through the atmosphere, its air friction would be relatively low and therefore its movement through the atmosphere wouldn't be much of a concern. Maybe there would be a lower chance of the cable breaking, also less cable length and therefore less weight could be used.
Would this be a better way to get an object into space when compared with a full cable from the satellite to earth as in the traditional space elevator idea http://en.wikipedia.org/wiki/Space_elevator. Can you compare and contrast the two options against each other?
Photo of Red Bull Jump http://i.imgur.com/thjAO.jpg