01:40 PM EDT, 10/21/2025 (MT Newswires) -- Microsoft ( MSFT ) is raising the price of its Xbox Development Kit to $2,000 from $1,500, The Verge reported Tuesday, citing sources familiar with the company's plans.

The new price takes effect immediately in the US, Europe and other markets, the report said.

"The adjustment reflects macroeconomic developments," Microsoft ( MSFT ) said in an announcement reviewed by The Verge.

Microsoft ( MSFT ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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