diff --git a/bucket/elixir.json b/bucket/elixir.json
index df159f28a4..023b1bcb9b 100644
--- a/bucket/elixir.json
+++ b/bucket/elixir.json
@@ -1,13 +1,13 @@
 {
-    "version": "1.16.2",
+    "version": "1.16.3",
     "description": "A dynamic and functional programming language designed for building scalable and maintainable applications.",
     "homepage": "https://elixir-lang.org/",
     "license": "Apache-2.0",
     "suggest": {
         "Erlang compiler": "erlang"
     },
-    "url": "https://builds.hex.pm/builds/elixir/v1.16.2.zip",
-    "hash": "0161578ce5988e286eafd2ee1b6b1999ac69c6a1b226209e332b9e9db1522dcb",
+    "url": "https://builds.hex.pm/builds/elixir/v1.16.3.zip",
+    "hash": "d01d22ef11651cf933747f9ceb401f7ef7d932d46e64dc7970713fa9a8063720",
     "env_add_path": "bin",
     "checkver": {
         "github": "https://github.com/elixir-lang/elixir"