An object on a suborbital trajectory is by definition not a satellite.
As a practical matter, there's a differing relationship with atmosphere. Planes depend on air to produce lift and sustain flight, but satellites are either inconvenienced by air, or entirely unaffected by it.
As a practical matter, there's a differing relationship with atmosphere. Planes depend on air to produce lift and sustain flight, but satellites are either inconvenienced by air, or entirely unaffected by it.