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If it didn't have a second meaning you wouldn't see this as divisive.

This. "Elites" is a motte-and-bailey term[0]. If you ask what it means, you'll hear all kinds of reasonable definitions like self-reinforcing networks of people, created by happenstance (e.g. everyone graduating the same prestige college the same year) and thus inaccessible to randos like you and me, that end up ruling things. Etc. But then the way the term is actually used by the anti-elite crowd, is mostly to mean "anyone with a reasonable argument I want to disagree with anyway, but who has qualifications or credentials that make them hard to be dismissed outright".

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[0] - https://slatestarcodex.com/2014/07/07/social-justice-and-wor...

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