It does. It has been able to for some time now. A team I’ve worked with used it to build a cross-platform library. Swift wasn’t the first choice but the short story was they didn’t choose C++ because they didn’t want to hire C++ devs to maintain it.
Did the team look at Kotlin? Seems like Kotlin Native on iOS is a more viable alternative than Swift on Android right now for cross-platform development.
But Swift doesn't run on Android, does it?