Shifting Gears: Uber will turn a profit this year … kind of

Happy Friday and welcome to Shifting Gears, Business Insider's roundup of everything that happened in transportation this week.

The coronavirus outbreak is still causing headaches not just for flyers — but also for cruise ships, cargo lines, and more. But it's not all bad news out there: Uber reported it will turn a profit (kind of) by the end of the year, Tesla's market value skyrocketed, and airline veteran David Neeleman launched a new US airline targeting oft-forgotten routes.

And in south Texas, SpaceX is accelerating its quest to build out its Mars spaceport, but some homeowners in the hamlet known as Boca Chica have something to say about it. Our own space correspondent Dave Mosher has the details.

As always, let us know what else we should be covering — email This email address is being protected from spambots. You need JavaScript enabled to view it.. And if you were forwarded this email or found it on the web, subscribe here.

Let's dive in: