Not directly, but my implication here is that Elon Musk is in the bad graces of the SEC of is being made an insider of another huge company who facilitated him falling out of favor with that SEC. It is Twitter saying they don't care about the SEC and don't see any potential conflict with empowering someone who flaunts SEC penalties. And also, that I would be 0% surprised if Musk did this out of spite.
I certainly agree that Elon Musk has a habit of flaunting SEC penalties, but I don't think this alone will lead to any real conflict. Things would be rather different if he started flouting them, of course.
