Still happening on 12.5.1

Seeing it here too. I notice there is a Beta 7 referenced in the Feedback app. Maybe its fixed in that?

I will add that this is 7yrs old and have also encountered this. Not only on one app but on a second app as well. I've tried removing the image and setting the background to a color and that works. However, specifying an image in the storyboard the image does not show up? Attempting renaming the image and still does not show up. Very Very odd. How is this still an issue 7 yrs later? I have other apps that the LaunchScreen.storyboard works just fine???

Do we know if Xcode13 production will be released today?