Jumping from space....well sort of

I was watching the "Space Jump" today and wondered so if you can get a capsule that high into space with a simple helium ballon.......why are we spending so much on rockets?

....5 mins of googling i found the answer, he only jumped from 20 miles, the lowest a satellite orbits is 110 miles and the space station is at 230 miles.

BTW in case you are wondering...weather ballons regularly get to 26 miles but everything less than 62 miles isn't really considered space but "near space" - http://www.hobbyspace.com/NearSpace/index.html