Pentagon Briefing On Chinese Spy Balloon: "Does Not Pose A Risk To People On The Ground" | Video | RealClearPolitics
The balloon "has the ability to maneuver" and has "changed course," he explained. "Currently it does not pose a physical or military risk to people on the ground."
Doesn't sound much like a weather balloon.
I read elsewhere that the US doesn't want to shoot it down because they are gaining massive intelligence from their observations.
That being said, photos from 60k ft. could be much more revealing than a spy satellite 100+ miles up... There are several ICBM missile sites in and around Montana...