It lives! Thanks to the cranelift team.

.gitignore

@@ -1,3 +1,5 @@
 /target
 Cargo.lock
-**/*.o
+**/*.o
+test
+*.dSYM

.gitmodules

@@ -0,0 +1,3 @@
+[submodule "vendor/wasmtime"]
+	path = vendor/wasmtime
+	url = https://github.com/bytecodealliance/wasmtime

Cargo.toml

@@ -16,11 +16,11 @@ path = "src/bin.rs"
 clap = { version = "^3.0.14", features = ["derive"] }
 codespan = "0.11.1"
 codespan-reporting = "0.11.1"
-cranelift-codegen = "^0.89.2"
+cranelift-codegen = { path = "vendor/wasmtime/cranelift/codegen" }
-cranelift-frontend = "^0.89.2"
+cranelift-frontend = { path = "vendor/wasmtime/cranelift/frontend" }
-cranelift-module = "^0.89.2"
+cranelift-module = { path = "vendor/wasmtime/cranelift/module" }
-cranelift-native = "^0.89.2"
+cranelift-native = { path = "vendor/wasmtime/cranelift/native" }
-cranelift-object = "^0.89.2"
+cranelift-object = { path = "vendor/wasmtime/cranelift/object" }
 internment = { version = "0.7.0", default-features = false, features = ["arc"] }
 lalrpop-util = "^0.19.7"
 lazy_static = "^1.4.0"

src/bin.rs

@@ -3,6 +3,7 @@ use codespan_reporting::diagnostic::Diagnostic;
 use codespan_reporting::files::SimpleFiles;
 use codespan_reporting::term;
 use codespan_reporting::term::termcolor::{ColorChoice, StandardStream};
+use cranelift_codegen::settings::{Configurable, SetError};
 use cranelift_codegen::{isa, settings, CodegenError};
 use cranelift_module::{default_libcall_names, ModuleError};
 use cranelift_object::{object, ObjectBuilder, ObjectModule};
@@ -44,6 +45,9 @@ enum MainError {
 
     #[error(transparent)]
     Backend(#[from] BackendError),
+
+    #[error(transparent)]
+    SettingsError(#[from] SetError),
 }
 
 fn main() -> Result<(), MainError> {
@@ -92,7 +96,10 @@ fn main() -> Result<(), MainError> {
             .unwrap();
 
         let platform = Triple::host();
-        let isa = isa::lookup(platform.clone())?.finish(settings::Flags::new(settings::builder()))?;
+        let isa_builder= isa::lookup(platform.clone())?;
+        let mut settings_builder = settings::builder();
+        settings_builder.set("is_pic", "true")?;
+        let isa = isa_builder.finish(settings::Flags::new(settings_builder))?;
         let object_builder = ObjectBuilder::new(isa, "example", default_libcall_names())?;
         let mut object_module = ObjectModule::new(object_builder);
         let rtfuns = RuntimeFunctions::new(&platform, &mut object_module)?;