At 60,000 feet, the airspace is owned by the sovereign nation directly below it. According to the 1944 Chicago Convention on International Civil Aviation, every state has "complete and exclusive sovereignty" over the airspace above its territory and territorial waters (which extend 12 nautical miles from the coast). While there is no international treaty that defines exactly where "airspace" ends and "outer space" begins, most countries recognize the Kármán Line (approximately 328,000 feet or 100km) as the boundary. Therefore, at 60,000 feet—which is roughly double the altitude of a commercial jet but well within the range of high-altitude spy planes and balloons—you are still firmly within national jurisdiction. Any aircraft or balloon flying at this height without permission is technically violating that country's sovereignty. Over the "high seas" (international waters), however, the airspace is not owned by any nation and is managed by the ICAO (International Civil Aviation Organization) to ensure safe global transit.