iPhone simulator executable is missing

SInce upgrading to XCode 13.1, I’ve been seeing the following error happen sporadically:

The application cannot be opened for an unexpected reason, error=Error Domain=NSOSStatusErrorDomain Code=-10827 "kLSNoExecutableErr: The executable is missing" UserInfo={_LSLine=3844, _LSFunction=_LSOpenStuffCallLocal}
error Command failed: open /Applications/Xcode-13.1.app/Contents/Developer/Applications/Simulator.app --args -CurrentDeviceUDID 684CE024-130D-4E95-8FEA-DC351BEE2C7A

I’ve tried the solution mentioned here to no avail. May also worth noting that I’m not yet using orbs and am on version 2.1