The richest man in the world, who revealed last week that he had become the largest shareholder in Twitter, withdrew from a “standstill” agreement that would prevent him from starting a takeover bid. Musk, 50, “has no plans” to buy more Twitter shares, according to a stock exchange report yesterday, but “reserves the right to change his plans at any time as he sees fit.” The Tesla boss changed his mind over the weekend and decided to decline an invitation to join the board, a decision described by Twitter as “for the better”. Production