X-ray follow-up of extragalactic transients

Most violent and energetic processes in our universe, including mergers of compact objects, explosions of massive stars and extreme accretion events, produce copious amounts of X-rays. X-ray follow-up is an efficient tool for identifying transients because (1) X-rays can quickly localize transients with large error circles, and (2) X-rays reveal the nature of transients that may not have unique signatures at other wavelengths. In this white paper, we identify key science questions about several extragalactic multi-messenger and multi-wavelength transients, and demonstrate how X-ray follow-up helps answer these questions