Absolutely not, you don't want to superheat the stone!
The stone should have a temperature of about 700 degrees F. The air above the stone should be 800-900 degrees F. This is, of course, the ideal environment to cook a NY style pizza. If your stone gets above 700, which it would if placed directly on the heating element, you'd burn the bottom of your pizza to a crisp! And I mean a black crisp!!