Harvard administrators would disagree. Are you smarter than a Harvard administrator?
It's not a matter of who is smarter. It's a matter of values and ideology. Harvard admins believe it's ok to discriminate by race to achieve a racial mix they want. I believe that is not ok.
Another good reason you're not in a position to influence such matters; you think you are as privy to and savvy about all the considerations that a major university weighs in making decisions about admissions, as the people administering Harvard Admissions.
HINT:
You're NOT
I think Musk would have been successful without his family wealth.
Why??
Hubris.
For all of us, it is comforting to fool ourselves into believing that we "could have been" the guy who invented electric cars, the guy who owns lots of golf courses or the guy dictating admissions criteria for Harvard. Acknowledging that the people who ACTUALLY do and have these things, got there through advantages you'll never enjoy, is disheartening - even depressing.
Prob'ly best to let people entertain those fantasies rather than force them to face unpleasant realities that might drive them to irrational and dangerous behaviors.