Both the Xbox Series X and the PS5 are primed to release in time for the holiday season. However, until now, we had no idea of the exact date, or how much either of them would cost. Microsoft has finally broken its silence and revealed that the Xbox Series X will release on November 10 for $499.

What Do We Know About the Xbox Series X Release Date?

Microsoft broke the news on the official Xbox website. This news comes hot on the heels of Microsoft revealing the release date and price of the Xbox Series S.

If you want to ensure you get a Xbox Series X console on November 10, the company has confirmed that pre-orders will open on September 22. It's worth noting that the $499 price tag is listed as the "estimated retail price," so this may change in the future.

Alongside the price and date, the company revealed more information on the Xbox Series X. For instance, this new console can do 4K gaming out of the box and is ready for 8K games further down the line.

The Xbox Series X also comes with a beefy 1TB SSD. Not only can this hold a lot of games, but the nature of an SSD means that loading times should be lightning-fast.

The Xbox Series X also features an innovative "split motherboard" where not all the components are on a single board. Microsoft claims that splitting up the motherboard like this makes it easier to cool the system down. Which will be music to the ears of anyone who suffered the dreaded Red Ring of Death.

Microsoft has also announced that the Xbox Series X is coming to All Access. If you'd rather not shell out for the console all at once, you can pay $34.99/month for 24 months instead.

While the website doesn't go into huge detail about the Xbox Series X's All Access offer, it will presumably work just like the Xbox One version. If it does, you'll also get a 24-month game pass so you can start gaming the moment you plug in the console.

Kicking Off the Next Generation of Console Gaming

Until now, both Sony and Microsoft have kept quiet about when the next generation of consoles will arrive. With Microsoft now showing its hand, all eyes are on Sony to see what the company does in light of this news.

If you're interested in getting Xbox All Access but your country doesn't support it, don't fret just yet. It's rumored that Microsoft will triple the number of countries that can use All Access.