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Ground his planes.
That's the FAA. The SEC could halt Trading in Tesla, spaceX and other musk companies while they investigate irregularities.
Tesla is the only Musk company that trades publicly
Taking action against unrelated companies isn't typically allowed.
The SECs quarrel is with Elon and Twitter and has nothing to do with his other companies.
However, much like his 420 tweet where they were able to have him resign as chair of Tesla, they could probably do something with sanctions that target him specifically, like disallow him from being on the board of a public company.
But that's about as direct of an impact as they could have on the other companies.