SOLVED. The solution is to download the iOS simulator that matches your device. This is entirely unintuitive, since downloading a simulator infers you don't have a device. This is not an obvious solution to your device not showing up in Xcode.
togglemedia
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Having the same issue here after updating to Xcode 15.2 and an iPhone on iOS 17.2.1
Issue persists with iOS 17.2.1
Thanks! And by PSDKit I meant PDFKit. LOL.