Unfortunately, the error message doesn’t explain why the install failed. You can take a look at ~/Library/Logs/CoreSimulator/CoreSimulator.log to see if the rest of the error message is there with more info. If not, you should check out the sim device’s system log:
sudo xcode-select -s /Applications/Xcode-beta.app # if you haven’t already
xcrun simctl spawn booted log show
You can use --predicate
to filter that down a bit.