U.S. District Judge William Orrick had ordered the former employee, Owen Diaz, to either accept or deny the amount within a two-week period.
She no longer wishes to be "related to my biological father in any way, shape or form," according to a Los Angeles court filing.
The letter's authors urged executives to distance the company from CEO Elon Musk, citing his recent “distracting” and “embarrassing” behavior.
“Right now the costs exceed the revenue, so that’s not a great situation to be in," Musk reportedly told employees.
Twitter CEO Parag Agrawal announced the news in a company-wide email Monday.
The Tesla mogul quickly let the air out of this "trial balloon."
The billionaire accused the company of refusing to give him information about its spam bot accounts.
The richest man in the world said he has a "super bad feeling about the economy." President Joe Biden wished him "lots of luck on his trip to the moon. I don't know."
"If you don't show up, we will assume you have resigned," the billionaire's email allegedly said.
Jackson Palmer's been skeptical of Musk ever since the two exchanged messages on Twitter years ago.