We report the observation of a Plateau instability in a thin filament of solid gel with a very small elastic modulus. A longitudinal undulation of the surface of the cylinder reduces its area thereby triggering capillary instability, but is counterbalanced by elastic forces following the deformation. This competition leads to a nontrivial instability threshold for a solid cylinder. The ratio of surface tension to elastic modulus defines a characteristic length scale. The onset of linear instability is when the radius of the cylinder is one-sixth of this length scale, in agreement with theory presented here.