Earlier quoted context omitted.
Technically its suborbital
Isn't orbit above 125 miles (200km)?
Orbit is when an object is traveling so fast that it reaches the horizon of a body before the body's gravity can pull it down to the surface, but perpetually. It's basically perpetually falling around the body. Imagine one of those guys in a wingsuit skimming along the surface of a mountain, never actually touching the surface. It's similar to that, but at a much higher scale.