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It's unknown at the moment if and when they'll restock. The preorder is live today, looks like buying from Microsoft is the only way to still get one. This first wave will sell out and there may be a second wave before xmas, it depends how quick they can manufacture them. Personally I'm waiting until a sale/bundle deal.
Also interestingly it looks like the X is selling out way quicker than the S, but it could be due to stock levels.
https://www.eurogamer.net/articles/xbox-series-x-s-pre-order-now-available
Sumo
@ric_a5
I'm eventually going to get an X, but can't decide if I want it on launch as I'm hugely indecisive and also worry about issues on launch. But by holding off till possibly after Christmas/New Year am I setting myself in for a long wait as demand is going to be too big and stock wont be back for a while?