As promised, I am following up with my issue. To catch you up, here's what I've done so far:
1. Hard restart the phone (Vol Up then Vol down then hold side button till you see the Apple logo).
2. Reset Network Settings
3. Called AppleCare. They instructed me to backup the phone and then do a factory restore. They further instructed to NOT restore my backup on the phone, but instead to test the phone for a whole day or 2 and see if that resolves the issue. I did as instructed, but the WiFi dropped on me. So I called them back and they told me to take it to the Apple Store.
4. I went to the Apple Store and they replaced the phone with a new one. But after 1 day with the new phone the problem appeared again with the same level of frequency.
5. I called Apple to report this and they told me to bring it to the store again.
6. I went to the Apple Store and a tech did a diagnostics and everything checked out fine. He went on to explain that it is not likely a hardware issue since they replaced the phone. But I went to tell him that it MUST be a hardware/manufacturing issue affecting some phones and I am just one of the unfortunate recipients of the defective units. This must be clearly seen from the troubleshooting that I've done to this point, especially the one where I restore the phone to factory default and use the phone just like that without restoring my backup and it STILL drops the WiFi whether I am at home or on a friend's WiFi or at Starbucks. The Apple tech reluctantly agreed with me but said that since Apple Support has never checked my network, I should go back home with the phone and have them do that. ...sigh.
7. I went home and called Apple Support and referred them to the notes on my account which instructed them to check my network. They ran a diagnostics and everything checked out fine. So the Apple rep told me to bring the phone back to the store. : \
8. I have an Apple Store appointment for Wednesday.
I also neglected to mention to you all that I have multiple devices running on my home network. None of them experience any dropping of WiFi at any time. The devices running on my network are as follows: 2 iPads, an iPhone 5s, an iPhone 6 Plus, a Macbook Pro, a Macbook Air, a Dell laptop, a few Nest cams, 2 Android tablets. The only device that drops WiFi is my iPhone X. It is VERY clear that, at minimum, there is a hardware/manufacturing problem with some iPhone X units. But no question about it, what I am experiencing is a hardware issue.
As promised, I will keep you all posted.