But then, what is the universe? One way to think of it is to imagine that every galaxy has at least one intelligent species with their own observable universe. The universe is the sum of all observable universes. The very nature of how to sum them together, what it means to combine multiple sets of thing which include items that don't exist relative to other items in the set, is a question we can't really answer yet. Because of this, even a question like the size of the universe is unknown, and even the question of if more of the universe exists outside of the observable universe isn't simple to answer and gets into the nature of what it means to exist. If someone exists in the universe, but not in the observable universe, it becomes an instance of Russell's Teapot.
The important part is that at any given point on the elastic strip, both sides are getting further away. Everything else is getting further away.
You might think if A-B-C-D are points on the tape and A-B are expanding and C-D are expanding, then B and C must be squished together, but the distance between them is also expanding. You have infinite elastic, but you also have infinite room to stretch it (even along the direction it already occupies). You now have A--B--C--D.
It's tempting to think about that stretch from the point of view of the floor/table beneath the elastic, in which case some parts of the elastic move faster than others as they stretch, but if you always think from a point on the elastic, then the speed of the rest of the elastic depends on how far away it is. Stuff twice as far away moves away twice as fast. Stuff infinitely far away moves away infinitely fast. That's true for every point on the elastic. No bunching up.