An observation I've made about Rust is that because it eschews OOP, it tends not to "scale" to large development teams for single applications. It's great for CLI tools, small web apps, etc... but after some scale it runs out of steam.
This is exacerbated by its glacial compile times compared to other languages, even C++, let alone C#.
I just can't imagine something the size of SharePoint being developed entirely in Rust!