It's been over thirty years since the first Elite was released and original creator David Braben has finally got around to making a sequel (i.e. got the rights back.)
Elite: Dangerous takes the elements of the first game - trading, exploration and combat in a huge procedurally-generated universe - and updates them, so that you can do all those things in an accurate representation of our galaxy in the future.
The game has also added massively-multiplayer gameplay, and industry-standard VR. Sitting in a cockpit in Elite and looking around feel utterly real, and well worth it.