Maybe Microsoft don't know yet how to sell this thing, or maybe they are just boiling the frog. Time will tell. But I'm pretty sure your question will be repeated as soon as people will get used to the idea of Python on JIT.
Just a guess at the pitch.
Microsoft developed both JScript and Node.js. They could've continued with JScript, but obviously decided against it because JScript didn't earn the reputation they might have hoped for. Even if they invested efforts into rectifying the flaws of JScript, it would've been just too hard to undo the reputation damage.
Microsoft made multiple attempts to "befriend" Python. IronPython was one of the failures. They also tried to provide editing tools (eg. intellisense in MSVS), but kind of given up on that too (but succeeded to a large degree with VSCode).
The whole long-term Microsoft's strategy is to capture and put the developers on a leash. They won't rest until there's a popular language they don't control.