Well, the server updated the other day. It happened at 11:40AM, and at 11:43AM They posted this:
https://x.com/SpaceEngineersG/status/1791494871590531081

They updated the PC and PS5 with a 'Hotfix' and said they'd work on it for the xbox. Now, we sit and wait, because the server is a PC so it went to version 17 and we (XBox users) are stuck on 15 until they decide to push a fix/update. Basically, when we go to log on - it says we're on v15 and the server is on v17. And that was when it was in my continue last game button. Now that its not there, it wont even show up on the server list. So, feel free to complain to them directly.

I'm even more pissed because I took off Friday from work because I was sick (nah - just wanted a 3 day binge of Space Engineers) and cant even play on my own damn server. And, to top it all off, I was flying a ship that wont be there when I log in, not to mention my tools and resources I had on me. Total crap weekend. Ended up actually sick too on Saturday - so that'll teach me to lie to work on Friday. Karma is a mother fker.

Well, good luck all and have fun either in different games or in single player. See you all when XBox decides to update.

--DeToN8R

May 28th Update - They finally updated the box clients. Now we can get back on the server and play again finally.

I was so mad, I signed up for a twitter account and replied to their post of having to wait for the xbox update. Ah well, its back. I just hope they learn and dont pull that crap again.

I took out a ship full of Reavers. I saved our planet from death, destructions, and the rape of our resources. Continue the fight with me!!!! Lets make our planetary system a home for all factions, and free from the fear of Reaver overpopulation!!!

Lol - Good on ya!