'X-Factor' Castoff Rachel Crow -- Meeting with Disney Honchos

It ain't over for former "X-Factor" contestant Rachel Crow -- TMZ has learned, Disney bigwigs are clamoring to sign the 13-year-old after her elimination last night ... and have already set up a meet-and-greet.

A rep for Disney tells us, "Now that she has been eliminated off X-Factor, a general meeting is planned with her and Disney Channel executives soon."

We're told Disney honchos want to go through a laundry list of possible opportunities for Rachel during the meeting -- including TV, movies, and radio.