Nobody runs 50A/120V circuits, because you get munched by voltage drop, and it's easier to run a 25A/240V circuit once you're into that much power. So a 50A circuit is 12,000 watts not 6000.
"Outlet" does not mean receptacle. It means any point-of-use, plug-in or hardwired, which is not a subpanel.
Code here is not really thinking about one giant light that's over 12,000 watts. Code is talking about putting multiple lights in a building on one circuit. (think: a big-box store, with certainly more than 12KV of lighting). It is saying that you must break the lighting into multiple circuits so no one circuit is over 50A.
This is echoed in "tap conductor" rules, which say you can come off a commercial lighting circuit with smaller taps to feed individual fixtures. (that doesn't apply to residences anyway).
As well as the UL Listing of the commercial lighting fixtures, which will call out a maximum breaker of certainly under 50A. If it said over 50A, UL would not certify it.