I assume that by a valuation domain you mean an integral domain R with fraction field K such that: for all xinKtimes, at least one of x,x−1 lies in R.
In this case, I believe the answer is no. Let R be any valuation domain whose value group Ktimes/Rtimes is isomorphic, as a totally ordered abelian group, to mathbbZtimesmathbbZ with the lexicographic ordering. (It is known that every totally ordered abelian group is the value group of some valuation domain, e.g. by a certain generalized formal power series construction due to Neumann.) In this case, the maximal ideal consists of all elements whose valuation is strictly greater than (0,0), but the valuation of any such element is at least (0,1) and therefore any element of valuation (0,1) gives a generator of the maximal ideal.
For some information on valuation rings, see e.g. Section 17 of
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