diff --git a/compiler/rustc_codegen_ssa/src/back/link.rs b/compiler/rustc_codegen_ssa/src/back/link.rs
index 882430694e16d..fe2e4b36cd0f1 100644
--- a/compiler/rustc_codegen_ssa/src/back/link.rs
+++ b/compiler/rustc_codegen_ssa/src/back/link.rs
@@ -253,7 +253,7 @@ pub fn each_linked_rlib(
     };
     for &cnum in crates {
         match fmts.get(cnum.as_usize() - 1) {
-            Some(&Linkage::NotLinked | &Linkage::IncludedFromDylib) => continue,
+            Some(&Linkage::NotLinked | &Linkage::Dynamic | &Linkage::IncludedFromDylib) => continue,
             Some(_) => {}
             None => return Err(errors::LinkRlibError::MissingFormat),
         }
diff --git a/src/test/ui/lto/auxiliary/thinlto-dylib.rs b/src/test/ui/lto/auxiliary/thinlto-dylib.rs
new file mode 100644
index 0000000000000..9d17c35dafc25
--- /dev/null
+++ b/src/test/ui/lto/auxiliary/thinlto-dylib.rs
@@ -0,0 +1,23 @@
+// Auxiliary crate for test issue-105637: the LTOed dylib which had duplicate symbols from libstd,
+// breaking the panic hook feature.
+//
+// This simulates the `rustc_driver` crate, and the main crate simulates rustc's main binary hooking
+// into this driver.
+
+// compile-flags: -Zdylib-lto -C lto=thin
+
+use std::panic;
+
+pub fn main() {
+    // Install the hook we want to see executed
+    panic::set_hook(Box::new(|_| {
+        eprintln!("LTOed auxiliary crate panic hook");
+    }));
+
+    // Trigger the panic hook with an ICE
+    run_compiler();
+}
+
+fn run_compiler() {
+    panic!("ICEing");
+}
diff --git a/src/test/ui/lto/issue-105637.rs b/src/test/ui/lto/issue-105637.rs
new file mode 100644
index 0000000000000..0d9f0bec00fd3
--- /dev/null
+++ b/src/test/ui/lto/issue-105637.rs
@@ -0,0 +1,28 @@
+// Regression test for issue #105637: `-Zdylib-lto` with LTO duplicated symbols from other dylibs,
+// in this case from libstd.
+//
+// That manifested as both `rustc_driver` and rustc's "main" (`compiler/rustc`) having their own
+// `std::panicking::HOOK` static, and the hook in rustc's main (the default stdlib's) being executed
+// when rustc ICEs, instead of the overriden hook from `rustc_driver` (which also displays the query
+// stack and information on how to open a GH issue for the encountered ICE).
+//
+// In this test, we reproduce this setup by installing a panic hook in both the main and an LTOed
+// dylib: the last hook set should be the one being executed, the dylib's.
+
+// aux-build: thinlto-dylib.rs
+// run-fail
+// check-run-results
+
+extern crate thinlto_dylib;
+
+use std::panic;
+
+fn main() {
+    // We don't want to see this panic hook executed
+    std::panic::set_hook(Box::new(|_| {
+        eprintln!("main crate panic hook");
+    }));
+
+    // Have the LTOed dylib install its own hook and panic, we want to see its hook executed.
+    thinlto_dylib::main();
+}
diff --git a/src/test/ui/lto/issue-105637.run.stderr b/src/test/ui/lto/issue-105637.run.stderr
new file mode 100644
index 0000000000000..43388e7763ee2
--- /dev/null
+++ b/src/test/ui/lto/issue-105637.run.stderr
@@ -0,0 +1 @@
+LTOed auxiliary crate panic hook