At 56,000 mph, it would traverse the entire 50 mile thickness of our atmosphere in about 3.5 seconds. Of course, that's not accounting for braking.
I suppose the rate of heating it would undergo in the last two seconds or so might cause it to break up, but even a six inch chunk hitting something at 10,000 mph would leave quite an impression.
If it was rock, it would explode long before reaching the ground, similar to what happened in Russia.