One slight problem.

If that's a 1 1/2" cutter then the shank is 3/4" or 7/8" judging from the picture.

A tad on the big size for a MT2 collet on an X1 :heehee:

Slitting saw or use a 45 degree cutter and do two passes, one at vertical and one at 10 degree tilt.

.