Is Elon Musk behind X-Coin?

Could you elaborate on the connection between Elon Musk and X-Coin? Have there been any official statements or evidence suggesting that he is involved in the development or promotion of this cryptocurrency? Additionally, what factors might lead someone to speculate that Elon Musk is behind X-Coin, and how reliable are these speculations? It's important to approach such claims with caution and verify any information before making assumptions.