Summarising the other answers:
The embedding theorem shows that any topological space $S$ is homeomorphic to a subspace of $X^I$ for some index set $I$, where $X = \{0,1,2\}$ with topology $\{\{0\}, \emptyset, X\}$ (a sort of "fat Sierpinski space"). See Wofsey's answer for some more details. The essence is that $X$ allows us to separate points and separate points and closed sets by continuous functions into $X$.
This shows that the variant in the "quotients of subspaces" is answered by yes, without taking quotients at all; not very interesting.
The variant "quotients of $X^I$ " is answered by user 87690's answer:
Suppose $X$ existed. Let $S$ be the discrete space on $|X|^+$ (successor cardinal) points, and suppose we have a surjective quotient map $q: X^I \to S$, for some index set $I$.
Indeed standard theorems show that if $\kappa$ is the smallest infinite cardinality of a dense subset of $X$, so $\kappa \le |X|$, then $X^I$ has no pairwise disjoint family of open non-empty sets of size $>\kappa$. But this is contradicted by $\{q^{-1}[\{s\}], s \in S\}$. This contradiction shows that $X$ cannot exist for all topological spaces $S$.
IMHO this last answer is more interesting as it does use quotients, albeit in the guise of just a continuous image.
A true dual to the powers/subspace variant would be:
Does there exist a space $X$, such that for any topological space $S$, there is a (surjective) quotient map $q: \sum_{i \in I} X_i \to S$ where all $X_i = X$, and $\sum$ denotes disjoint sums of spaces in their sum topology.
(this idea occurs in the theory of sequential spaces, where we take quotients of copies of a convergent sequence); I think it might hold. [EDIT] No such luck, by the same argument that sequential spaces are countably tight, we get that the tightness of quotients of sums of copies of $X$ will not exceed $t(X)$... Thx to the comment.