"CSX" did stand for "Carroll Shelby Export". The first prototype was designated "CSX" by AC in November of 1961, BEFORE Shelby had his famous dream, where he says he came up with the word "Cobra" and wrote it down before he forgot it, for that wasn't until after he had returned to the U.S.A. from his three months with AC, in February of 1962. As for the "C" in "CSX" being the third letter in the AE(X) and BE(X) sequence, yes, that theory has been put in print here and there, and even Brian Angliss once wrote a letter to the Shelby Club in the U.S.A. stating that, but it is a flawed theory. Why?: because CSX stood for `Carroll Shelby Export'(check out the F. Wilsom McComb book AC Cobra) and it also doesn`t take into account the real, true THIRD variant in the sequence, the 2.6 RS(X) series.
Laurence in British Columbia