Every solar system formation theory has to explain some facts we know about our solar system. Listed below are some of the major observations.
1. More than 99 percent of the mass of the entire solar system, consisting of the Sun, planets, moons, meteors, asteroids, comets etc. is contained inside the Sun. However, the Sun only contains about 0.5 percent of the angular momentum.
2. The presence of huge amounts of light metals on Earth like beryllium, boron, etc., points out that this matter could not have come from the core of an exploded star.
3. The solar system is extremely flat, i.e the orbits of most planets lie in the same plane. However, the orbits of Mercury and Pluto (not a planet anymore) deviate from this plane considerably.
4. There is a clear demarcation between the terrestrial and giant planets.
5. The Sun's rotation axis has a tilt of 6o.