On May 7, the band officially released their first new song in 11 years, Balisong. The song was a reworked version of a track previously released on Alex's solo album. The band is "50 to 75 percent" finished with a new album. In March 2020, Phantom Planet announced the release of their fifth album "Devastator" on May 8, 2020, and their first album in 12 years since "Raise the Dead" (2008). However, the album was delayed to June 19, due to the COVID-19 pandemic. It was later pushed again one day earlier June 18, as a way of showing respect and support to the Black Lives Matter movement.