Let the unit tangent bundle be defined as follows:
$$T^1S^2=\{(p,v)\in \mathbb R^3 \times \mathbb R^3 | |p|=|v|=1 \text{ and } p \bot v \}$$
Let $SO(3)$ be the group of rotations of $\mathbb R^3$. Apparently, $SO(3)$ is in bijection with $T^1S^2$.
My question is:
If $N$ is a point on $S^2$, say the north pole, does the rotation in $SO(3)$ moving $N$ to $p$ along $v$ correspond to $(p,v)$ in $T^1 S^2$?
Put the other way around:
Does the matrix $(p,v, p \times v)$ corresponding to $(p,v)$ represent the rotation around the axis $p$? And if so, is the angle somehow represented by $v$?
Later added
The reason why I think there should be geometric meaning to this bijection or at least some insight to be gained is that finding the bijection was an exercise in a book I am reading.
If there was no insight to be gained the exercise would be more or less purely computational and not very insightful.