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Reply to Xcode 12 Beta Simulator Runtime not available
Also having this problem. Running Xcode in terminal shows this: xcrun simctl list ... iOS 14.0 (14.0 - 18A5301v) - com.apple.CoreSimulator.SimRuntime.iOS-14-0 (unavailable, failed to open liblaunch_sim.dylib) I did accidentally install Xcode 11, which according to the other poster may have something to do with it. I'll investigate later. Waiting for Beta 6 to download so I can install it, that may fix the issue.
Sep ’20