Will Rock Music Ever Belong to Elite Culture?

I hear a lot of talking about elite culture and mass culture. What is mass (popualr) culture? Or, to be more precise, what is popualr art? And what is elite art?
Let's take a look at jazz. First it was played on the streets by poor black guys and now it is prestigious to attend jazz concerts. Jazz music is academic. It is studied and taught in special institutions. The elite of this country listens wither to Mozart or to jazz.
Why jazz? Why not rock music, for example. Will we ever consider rock music elite?
I have a feeling that the answer is no.