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Re:Phoenix – Elixir Web Framework by rubiquity on Friday November 28, 2014 @02:40PM (#8671922)
Version managers do exist for Elixir to make upgrading Elixir easier. One such is exenv[0] and elixir-build[1] which should be familiar to you in use if you've ever used rbenv and ruby-build. If you're on OS X, homebrew usually gets updated with the latest version of Elixir minutes after a release happens.

0 - https://github.com/mururu/exenv

1 - https://github.com/mururu/elixir-build

Re:Phoenix – Elixir Web Framework by darkof on Friday November 28, 2014 @04:38PM (#8672235)
I use kerl - https://github.com/yrashk/kerl and kiex - https://github.com/taylor/kiex. They also work very well.
Re:Phoenix – Elixir Web Framework by ma2ge on Sunday November 30, 2014 @10:21AM (#8676981)
I used exenv to get new Elixir version, it's very useful for me.