Both the Xbox Series X and PS5 have held tight to a "Holiday 2020" launch timeframe since being first announced, which has been widely interpreted as meaning November. But Microsoft is the first to actually start narrowing down the date for the Xbox Series X launch.
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While this may not seem like massive news at first blush (after all, this has been our projection since the first mention of "Holiday 2020" as the launch date) the confirmation in an official blog post this close to the actual launch means the timeline for the console launch is set in stone.
While you may feel like that went without saying, I'll point you to the Halo: Infinite delay. Just over a week ago, Phil Spencer was on a podcast touting the simultaneous launch of that game with the Xbox Series X as a momentous occasion, the first time a Halo game would be launching day and date with a console since the original Xbox.
With Microsoft already breaking it to gamers that Halo: Infinite will not be coming until 2021, it wouldn't stick its neck out by narrowing down the launch date for the console unless it was 100% certain that the Series X would arrive in November.
As for exactly when in November the Xbox Series X will be launching, we still don't know. Launch dates of the previous generations have varied from November 7 to November 22, so the safe money is somewhere in that window.