Hopefully this helps someone diagnose - tested via Xcode 12.0 beta 2 and iOS 14.0 public beta:
SwiftUI views NOT wrapped in NavigationView hide the status bar correctly via ".statusBar(hidden: true)" modifier.
SwiftUI views wrapped in NavigationView do not process the status bar correctly via ".statusBar(hidden: true)" modifier.
Not seeing much of a difference yet regarding portrait vs landscape.
Worked correctly at least through 13.5 but current 13.x.
Cheers.
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Same. Have tried without success:
1) Restarting the phone
2) Signing out and back in to the developer app
3) Toggling iCloud access for the developer app off and back on
4) Restarted again...