The same reason people haven't made bike lights out of 4 foot U-bend fluorescent tubes...
the high pressure sodium lamp is a long lube, that would be bulky, fragile, and completely impossible to focus into a beam.
Not only that, monochrome yellow light really sucks, no matter how many lumens you have of it. Most of the street lighting in my area is low pressure sodium, with the occasional metal halide (the bright white lamps used in HID vehicle headlights) interspersed here and there. Despite their lower lumen output, the metal halides are FAR more effective at allowing me to actually SEE things like obstructions in the road. For example, it's sometimes hard to tell the differece betweeen say a large leaf or a rock when everything is just shades of yellow.
Neutral white LEDs (even better than the metal halides I described as far as color rendition/bike illumination) are available at nearly 100 lumens per watt now. With good optics, your bike light will almost certainly be more efficent at extracting and delivering those lumens where you need them to be, than a bulky sodium lamp could be.