It could be related to this issue: https://github.com/ValveSoftware/steam-for-linux/issues/9805

Edit: Might be an issue with a recent libgudev update. The end of this comment has some potential work arounds: https://github.com/ValveSoftware/steam-for-linux/issues/9805#issuecomment-1626486059

I believe I had to change my "Start Up Location" to "Library" in the Interface settings for the -silent option to work again. I also don't have "Run Steam when my computer starts" turned on, but I'm not sure if that affects it, I just use a start up script instead.

I use Arch btw