It's ugly and marginal but it might be ok- see if you can live with it for a few weeks. Unless you have a ton of experience, the odds of not enlarging the hole are not good. The rivet guidelines allow 10% marginal such as your mashed head. I notice the one above it has the same rivet set dance on the manufactured head also; you need to sharpen up your riveting skills.
The first thing is to analyze your technique, think about what went wrong. The wing ribs are best set with an offset set, not the shorty but the mid-range size (7"?). Start with low setting forces by slowly ramping up the force with the rivet gun trigger, using short bursts, fingers of one hand steadying the set end next to the rivet, the other hand with FIRM, ROCK HARD steady pressure pushing straight down. Really focus on this aspect. It helps to physically get your shoulder behind the gun. Think shoulder, firm pressure, short bursts, lower gun flow settings that will still set the rivet. Are you using the external brass flow setter into the gun? I also use duck tape on the set at the rivet gun end to help the set from rotating- the rotation causes you to focus on the wrong thing at a critical time. If you want to drill it out after a few weeks, center punch the head (best guess), angle drill, small drill like maybe #42, drill shallow, maybe 1/16". If the hole is off center, use a needle file to move it. Once you think it's ok, open up to 1/8" and pop the head off. Consider using a wood block, with a guide hole drilled in the drill press, to get the angle drill perpendicular since the angle drill is not easy to drill square. Once the head is off, you will need to drill out some of the shank with the #42 drill to be able to punch the rivet out of the hole since there is a long grip. Again, use the center punch to get the #42 started in the middle of the shank. This won't be easy so make sure you really need to remove it. Good luck!