I don't know if minimum spanning tree will solve it or not, but it's certainly solvable by making some modifications to Dijkstra's algorithm.
Define the "length" of a path as the maximum edge in that path. Now find the shortest path from S to X using Dijkstra's algorithm. This is the path you are looking for.
Complexity is O((N+M)log N) if you use a binary heap and O(N * log N + M) with a Fibonacci heap.
Note that for this new definition of path length, if the length of a path is l, then adding an edge to the end of the path will not decrease it's length, since the maximum edge in that path can only increase. This property is necessary for Dijkstra's algorithm to work correctly.
For instance, if you were looking for the path with the shortest edge, then Dijkstra's algorithm will fail just like it fails when there are negative edges in the graph.