In this paper, we study the problem of extremely large (XL) multiple-input multiple-output (MIMO) channel estimation in the Terahertz (THz) frequency band, considering the presence of propagation delays across the entire array apertures, which leads to frequency selectivity, a problem known as beam squint. Multi-carrier transmission schemes which are usually deployed to address this problem, suffer from high peak-to-average power ratio, which is specifically dominant in THz communications where low transmit power is realized. Diverging from the usual approach, we devise a novel channel estimation problem formulation in the time domain for single-carrier (SC) modulation, which favors transmissions in THz, and incorporate the beam-squint effect in a sparse vector recovery problem that is solved via sparse optimization tools. In particular, the beam squint and the sparse MIMO channel are jointly tracked by using an alternating minimization approach that decomposes the two estimation problems. The presented performance evaluation results validate that the proposed SC technique exhibits superior performance than the conventional one as well as than state-of-the-art multi-carrier approaches.