Why is the Co-accretion theory generally considered insufficient to explain the Moon?

Answer

It does not explain the lack of iron in the Moon

The Co-accretion theory posits that the Earth and Moon formed simultaneously from the same cloud of gas and dust. If this were true, both bodies should have similar chemical compositions, including a comparable proportion of iron. However, the Moon has a significantly smaller iron core relative to its size than the Earth. The Giant-Impact Hypothesis solves this by explaining that the Moon formed primarily from the rocky, iron-poor mantles of the colliding bodies, while the metallic iron cores had already migrated to the centers of the planets prior to the impact.

Why is the Co-accretion theory generally considered insufficient to explain the Moon?
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