XspaceGPT operates as a versatile tool designed to convert X(Twitter) Space conversations into easily readable and searchable text using AI technology. Beyond simple transcription, it also provides automated summarization, capturing the essence of discussions allowing users to better grasp the main points of the conversation. This platform caters to users who want to preserve records of X(Twitter) Space conversations or need to analyze a substantial amount of dialogue, assisting them to understand and exploit these crucial information sources. Feature-wise, it includes AI-driven audio to text conversion, implementation of multilingual support, and online audio streaming. It also provides a suite of summary-related features like AI-abstract, AI highlights, and AI timeline, that showcase key content vividly, users to quickly access required content, and grasp summary information with ease. Speaker-specific summaries and content outlines are also part of the offering. Notably, the tool supports various levels of utilization, including a free tier, and offers features such as a mind map and premium content library for paid tiers. Use of the platform requires an internet connection.