I'd say unlikely - if anything, it could delay the game further for improvements. We still don't know how far along Bethesda are on this game or what Microsoft are looking to add in the short term regarding ongoing projects. Development may just continue as normal with Microsoft taking a backseat and collecting the cash or there could be internal changes to personnel and their hardware. There is already a huge disparity between the tech Microsoft have at their disposal and what the Bethesda staff have been using.
Hopefully more information will be revealed about TES6 but I probably wouldn't expect to see this game out until at least 2024. Starfield seems to be their main upcoming focus right now.