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I did a few back in my day as a designer:
1. https://dribbble.com/shots/1909369-Liberty-Eagle-Arms
2. https://dribbble.com/shots/1553151-Flint-mark-icons
That first one is some of my best work.
Compared to that, the new logo doesn't have a circle (segment) anywhere to be seen (unless you consider straight lines as circle segments with the center located at infinity of course), and is simply the "mathematical double-struck capital X" from an unknown but probably pre-existing font (apparently Monotype's "Special Alphabets 4" comes close, but isn't identical, according to https://tweethunter.io/blog/how-to-write-twitter-x-iphone-ma...).
I just have a hard time imagining you start with circles, lay them down (resize as needed) and continue. I mean I guess that doesnt sound so crazy after I say it... it just seems like it would add a lot of extra noise to the image that would make it much harder to draw.
With four parameters I can fit an elephant, and with five I can make him wiggle his trunk.
https://en.m.wikipedia.org/wiki/Von_Neumann%27s_elephant