The owner/author (Ian Bell) has released it to the public domain. "Elite" (EGA) & "Elite Plus" (VGA) for the PC may be downloaded from his site:
Ian Bell's Elite Pages
Elite Home Page - PC (Download)
I think the thing that made it so good on the c=64 was that the level of animation was so good (even thought it was stick figures). I got a kick out of the theme song too.