diff --git a/docs/pages/api/link.md b/docs/pages/api/link.md
index 6a0843584dabcb..31fe46beb04efe 100644
--- a/docs/pages/api/link.md
+++ b/docs/pages/api/link.md
@@ -27,7 +27,7 @@ You can learn more about the difference by [reading this guide](/guides/minimizi
 | <span class="prop-name required">children&nbsp;*</span> | <span class="prop-type">node</span> |  | The content of the link. |
 | <span class="prop-name">classes</span> | <span class="prop-type">object</span> |  | Override or extend the styles applied to the component. See [CSS API](#css) below for more details. |
 | <span class="prop-name">color</span> | <span class="prop-type">'default'<br>&#124;&nbsp;'error'<br>&#124;&nbsp;'inherit'<br>&#124;&nbsp;'primary'<br>&#124;&nbsp;'secondary'<br>&#124;&nbsp;'textPrimary'<br>&#124;&nbsp;'textSecondary'</span> | <span class="prop-default">'primary'</span> | The color of the link. |
-| <span class="prop-name">component</span> | <span class="prop-type">elementType</span> | <span class="prop-default">'a'</span> | The component used for the root node. Either a string to use a DOM element or a component. |
+| <span class="prop-name">component</span> | <span class="prop-type">element type</span> | <span class="prop-default">'a'</span> | The component used for the root node. Either a string to use a DOM element or a component.<br>⚠️ [Needs to be able to hold a ref](/guides/composition/#caveat-with-refs). |
 | <span class="prop-name">TypographyClasses</span> | <span class="prop-type">object</span> |  | `classes` prop applied to the [`Typography`](/api/typography/) element. |
 | <span class="prop-name">underline</span> | <span class="prop-type">'none'<br>&#124;&nbsp;'hover'<br>&#124;&nbsp;'always'</span> | <span class="prop-default">'hover'</span> | Controls when the link should have an underline. |
 | <span class="prop-name">variant</span> | <span class="prop-type">string</span> | <span class="prop-default">'inherit'</span> | Applies the theme typography styles. |
diff --git a/packages/material-ui/src/Link/Link.js b/packages/material-ui/src/Link/Link.js
index db71c9db020808..023ef9b52c1904 100644
--- a/packages/material-ui/src/Link/Link.js
+++ b/packages/material-ui/src/Link/Link.js
@@ -3,6 +3,7 @@ import PropTypes from 'prop-types';
 import clsx from 'clsx';
 import capitalize from '../utils/capitalize';
 import withStyles from '../styles/withStyles';
+import { elementTypeAcceptingRef } from '@material-ui/utils';
 import { useIsFocusVisible } from '../utils/focusVisible';
 import useForkRef from '../utils/useForkRef';
 import Typography from '../Typography';
@@ -142,7 +143,7 @@ Link.propTypes = {
    * The component used for the root node.
    * Either a string to use a DOM element or a component.
    */
-  component: PropTypes.elementType,
+  component: elementTypeAcceptingRef,
   /**
    * @ignore
    */
diff --git a/packages/material-ui/src/Link/Link.test.js b/packages/material-ui/src/Link/Link.test.js
index 95eaf93d0991e0..da9711a15235c1 100644
--- a/packages/material-ui/src/Link/Link.test.js
+++ b/packages/material-ui/src/Link/Link.test.js
@@ -32,7 +32,6 @@ describe('<Link />', () => {
     inheritComponent: Typography,
     mount,
     refInstanceof: window.HTMLAnchorElement,
-    skip: ['componentProp'],
   }));
 
   it('should render children', () => {