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  4. Rockstar Energy
Rockstar Energy logo
Food & Beverage

Who Owns Rockstar Energy?

Rockstar Energy is owned by Celsius Holdings, Inc. (NASDAQ: CELH) in the U.S. and Canada, and by PepsiCo, Inc. (NASDAQ: PEP) internationally. Celsius acquired the U.S. and Canadian rights from PepsiCo on August 28, 2025. Rockstar was founded in 2001 by Russell Weiner and acquired by PepsiCo in 2020 for $3.85 billion. Celsius Holdings reported $2.5 billion in total revenue for 2025, with Rockstar contributing $55.6 million. PepsiCo owns approximately 11% of Celsius Holdings and serves as primary distributor.

Parent Company

Celsius Holdings, Inc.

Acquired

2025

Status

Publicly Traded

Headquarters

Boca Raton, Florida, USA

Rockstar Energy Timeline

2001

Rockstar Energy

Founded by Russell Weiner

Founded
2025
Acquired by Celsius Holdings, Inc.

Celsius Holdings, Inc. acquired Rockstar Energy

Acquired
GlobalOfficial Website

Who Owns Rockstar Energy?

  • Parent Company: Celsius Holdings, Inc.
  • Ownership Type: Wholly owned
  • Acquisition Year: 2025
  • Company Type: Publicly Traded
  • Stock Ticker: NASDAQ: CELH
BrandParent CompanyOwnership Type
Rockstar EnergyCelsius Holdings, Inc.Wholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonRockstar Energy on Amazon

History of Rockstar Energy

  • Founded: 2001
  • Founders: Russell Weiner
  • Acquired by Celsius Holdings, Inc.: 2025

Rockstar Energy was founded in 2001 by Russell Weiner, who developed the brand to compete in the growing energy drink market. Weiner, the son of conservative talk radio host Michael Weiner (known as Michael Savage), positioned Rockstar as a larger-format alternative to Red Bull, offering 16-ounce cans at a competitive price point. The brand quickly gained popularity through its association with action sports, music culture, and edgy marketing campaigns.

Throughout the 2000s and 2010s, Rockstar Energy expanded globally and became one of the three major energy drink brands alongside Red Bull and Monster Energy. The brand sponsored extreme sports events, music festivals, and motorsports, building a strong following among young consumers and action sports enthusiasts. Rockstar's marketing focused on subcultures including motocross, BMX, skateboarding, and heavy metal music.

In March 2020, PepsiCo acquired Rockstar Energy for $3.85 billion, bringing the brand into PepsiCo's extensive beverage portfolio. The acquisition was part of PepsiCo's strategy to compete more aggressively in the energy drink category. Under PepsiCo's ownership, Rockstar underwent a brand redesign that simplified its visual identity and targeted a broader, more modern consumer base. However, Rockstar's market share declined during this period as new entrants like Celsius and Alani Nu attracted consumers seeking better-for-you energy drinks.

On August 28, 2025, Celsius Holdings acquired the U.S. and Canadian rights to Rockstar Energy from PepsiCo as part of a broader strategic partnership. The deal also included PepsiCo's $585 million investment in Celsius Holdings preferred stock and the transfer of Celsius's Alani Nu brand into PepsiCo's distribution system. PepsiCo retained ownership of the Rockstar brand internationally.

Following the acquisition, Celsius Holdings launched a new "Live Loud" brand identity for Rockstar in late 2025, bringing back yellow as the brand's key color and returning to a disruptive ethos. The rebranding aimed to reinvigorate Rockstar by reconnecting with its traditional energy drink audience, which skews more male and down-market compared to Celsius's fitness-focused demographic. CMO Rishi Daing described Rockstar as having "incredible brand value" that was "so much higher than its market share."

Rockstar returned to NASCAR in 2025 with a multiyear partnership with driver Tyler Reddick and 23XI Racing, the team co-founded by Michael Jordan. The brand also sponsored music festivals including Sick New World in Las Vegas, Sonic Temple in Columbus, Ohio, and Kilby Block Party in Salt Lake City, focusing on subculture events rather than mainstream festivals.

About Celsius Holdings, Inc.

Is Celsius Holdings owned by another company?
No, Celsius Holdings is an independent, publicly traded company listed on NASDAQ under the ticker CELH. PepsiCo holds approximately 11% of the company through convertible preferred stock investments totaling $1.135 billion ($550 million in 2022 and $585 million in 2025), and has the right to nominate one director to the board. However, Celsius Holdings maintains operational independence with its own management team and strategic direction. The company is a component of the S&P 400 index.

Is Celsius Holdings publicly traded?
Yes, Celsius Holdings is publicly traded on the NASDAQ stock exchange under the ticker symbol CELH. The company uplisted to NASDAQ from the OTCQX Best Market on May 24, 2017, at a share price of $4.04 and a market capitalisation of approximately $170 million. As of February 23, 2026, there were 256,975,993 shares outstanding. The aggregate market value of common stock held by non affiliates was approximately $9.7 billion as of June 30, 2025.

When was Celsius Holdings founded?
Celsius Holdings was founded in 2004 in Delray Beach, Florida, as Elite FX. The Celsius beverage concept was created by nutrition industry entrepreneur Greg Horn in 2003 and licensed to Elite FX. The company was co founded by Steve Haley, a retired software company CEO, along with Irina Lorenzi and others. The first Celsius energy drink was launched in Sweden in 2009.

Who created Celsius Holdings?
The Celsius beverage concept was created by Greg Horn, a nutrition industry entrepreneur, in 2003. Horn formulated the first CELSIUS fitness drink and co founded the company that would become Celsius Holdings in 2004 with Steve Haley, who came out of retirement to lead the venture, and Irina Lorenzi. The company was originally named Elite FX and was based in Delray Beach, Florida.

What is Celsius Holdings' revenue and profit?
For full year 2025, Celsius Holdings reported record revenue of $2.52 billion, up 86% from $1.36 billion in 2024. Net income was $108.0 million, down 26% from $145.1 million, primarily due to $327 million in distributor termination costs and $60 million in acquisition related expenses. Adjusted EBITDA was $619.6 million, up 142%, and adjusted diluted EPS was $1.34, up 91%. Gross margin was 50.4%.

What brands does Celsius Holdings own?
Celsius Holdings owns three energy drink brands: CELSIUS, its flagship fitness energy brand with FY2025 revenue of $1,457.7 million; Alani Nu, a female focused better for you energy brand acquired in April 2025 for $1.8 billion, with FY2025 revenue of $1,001.9 million; and Rockstar Energy, a classic energy brand acquired from PepsiCo in August 2025 for the U.S. and Canada market, with FY2025 revenue of $55.6 million.

What is the PepsiCo relationship with Celsius Holdings?
PepsiCo is both a major shareholder and the primary distributor of Celsius Holdings. PepsiCo invested $550 million in August 2022 for approximately 8.5% ownership, and an additional $585 million in August 2025, increasing its stake to approximately 11%. PepsiCo serves as the primary U.S. distributor for all three Celsius Holdings brands through its direct store delivery network. Celsius Holdings is designated as PepsiCo's energy category captain in the U.S., managing strategic direction for CELSIUS, Alani Nu, and Rockstar Energy. Sales to PepsiCo constituted 43.2% of total revenue in 2025.

What is Celsius Holdings' market position?
Celsius Holdings reached approximately 20% dollar share of the U.S. energy drink category in Q4 2025, making it one of the top three energy drink companies in the United States by market share. The company competes directly with Red Bull and Monster Beverage. The CELSIUS brand was ranked as the third largest energy drink brand in the U.S. by sales, while the acquisition of Alani Nu and Rockstar Energy expanded the company's total energy portfolio to cover fitness, lifestyle, and classic energy segments.

  • Founded: 2004
  • Headquarters: Boca Raton, Florida, USA
  • Company Type: Publicly Traded
  • Stock: NASDAQ: CELH
  • Revenue: $2.52 billion (FY2025)
  • Employees: Approximately 800

Visit Celsius Holdings, Inc. website

View full company profile for Celsius Holdings, Inc.

Where Is Rockstar Energy Made / Based?

  • Headquarters: Boca Raton, Florida, USA

Rockstar Energy Categories & Tags

Energy DrinksAction SportsMusic CultureBeveragesAmerican Brand

Rockstar Energy Sustainability & Ethics

Rockstar Energy operates under Celsius Holdings' sustainability framework. Celsius Holdings does not directly manufacture products but relies on third-party co-packers selected based on their environmental performance and sustainability initiatives. The company works with co-packers who demonstrate strong environmental stewardship and sustainable manufacturing processes.

Rockstar Energy uses recyclable aluminum cans for its products. Celsius Holdings has committed to exploring packaging innovations and material selection to minimize environmental impact. The company tracks and reports on greenhouse gas emissions reduction efforts as part of its overall ESG strategy.

Rockstar Energy does not hold independent sustainability certifications. The brand's environmental practices are governed by Celsius Holdings' corporate policies. Consumers seeking independently verified sustainability data should consult Celsius Holdings' ESG reports.

On marketing ethics, Rockstar Energy adheres to FDA regulations regarding caffeine content disclosure and labeling requirements. The brand's marketing targets adults, particularly males ages 25 to 35, through action sports and music subcultures. The "Live Loud" campaign focuses on subculture events rather than mainstream festivals, sponsoring smaller music festivals with a hard rock bent and returning to NASCAR with a partnership with driver Tyler Reddick and 23XI Racing.

Celsius Holdings maintains supplier codes of conduct covering labor practices, environmental compliance, and quality standards for all manufacturing partners. The company sources ingredients and packaging materials from suppliers who meet environmental and ethical standards.

Awards & Recognition

Rockstar Energy has been recognized throughout its 24-year history for its marketing and cultural impact within the energy drink industry. The brand's association with action sports, music festivals, and motorsports has been acknowledged for effectively reaching target demographics and building strong brand loyalty.

The "Live Loud" rebranding campaign launched in 2025 received significant industry attention, with Marketing Dive covering the strategy in detail. CMO Rishi Daing's approach to turning "latent brand value into market share" was recognized as a notable case study in brand revitalization within the beverage industry.

Rockstar's return to NASCAR in 2025 with a multiyear partnership with Tyler Reddick and 23XI Racing, the team co-founded by Michael Jordan, was widely covered in sports and marketing media. The partnership connected the brand with a broader motorsports audience and marked Rockstar's first NASCAR sponsorship in over a decade.

Rockstar's music festival strategy, focusing on subculture events like Sick New World, Sonic Temple, and Kilby Block Party rather than mainstream festivals, has been noted as an authentic approach to reaching the brand's core demographic of traditional energy drink consumers.

As part of Celsius Holdings, the combined energy portfolio achieved approximately 20 percent dollar share of the U.S. energy drink market in Q4 2025, making it the number two growth portfolio in the ready-to-drink energy category.

Rockstar Energy Recalls & Controversies

Rockstar Energy has faced regulatory scrutiny and consumer safety concerns, particularly related to its high caffeine content and potential health effects.

FDA Adverse Event Reports: Federal health regulators have documented at least 13 adverse event reports filed on behalf of consumers who suffered serious health problems after drinking Rockstar energy drinks since 2006. The FDA released this information as part of an ongoing investigation into the potential side effects of energy drinks, which contain high amounts of caffeine and other stimulants. These reports are part of broader industry-wide concerns, with nearly 100 adverse event reports involving 5-Hour Energy and 37 involving Monster Energy.

Health Claim Scrutiny: Like other energy drink manufacturers, Rockstar has faced scrutiny regarding health claims and marketing practices. The company has been required to ensure compliance with FDA regulations regarding caffeine content disclosure and health warning requirements. Energy drink manufacturers have faced pressure to provide transparent labeling of caffeine content and potential health effects.

Marketing to Young Consumers: Rockstar's marketing to young consumers and association with extreme sports has drawn criticism from health advocates and regulatory bodies. The brand's promotional strategies have been scrutinized for potentially encouraging excessive consumption among vulnerable demographics. The "Live Loud" campaign's focus on music subcultures and NASCAR aims to reach adult consumers while maintaining the brand's edgy identity.

Market Share Decline Under PepsiCo: During PepsiCo's ownership (2020-2025), Rockstar's market share declined despite a brand redesign that attempted to target a broader, more modern consumer base. The decline reflected broader shifts in the energy drink category toward better-for-you and functional beverages, as well as increased competition from brands like Celsius and Alani Nu. The sale to Celsius Holdings in 2025 was partly a response to this declining performance.

Regulatory Compliance: Rockstar Energy maintains compliance with FDA regulations regarding caffeine content limits, ingredient disclosure, and labeling requirements. The company has adapted its formulations and marketing practices to meet evolving regulatory standards in the energy drink industry. Celsius Holdings continues this compliance framework under its ownership.

Brands Owned by Celsius Holdings, Inc.

Alani NuFood Beverage

Alani Nu

Owned by Celsius Holdings, Inc.

American better-for-you energy drink and supplement brand founded in 2018, acquired by Celsius Holdings in January 2025 for approximately $1.8 billion.

energy-drinksfitness-supplementsbetter-for-you
CelsiusFood Beverage

Celsius

Owned by Celsius Holdings, Inc.

American fitness energy drink brand marketed as a zero-sugar, functional alternative to traditional energy drinks. Flagship brand of Celsius Holdings, Inc.

energy-drinkfitness-beveragezero-sugar
View all brands owned by Celsius Holdings, Inc.

Rockstar Energy Ownership: Pros & Cons

Advantages

  • +Celsius Holdings' "Live Loud" rebranding and marketing push is reinvigorating Rockstar with its traditional energy drink audience
  • +PepsiCo's distribution network provides extensive retail reach across convenience stores, gas stations, and supermarkets in the U.S. and Canada
  • +Rockstar fills a gap in the Celsius portfolio by attracting traditional energy drink consumers who prefer classic flavors and formats
  • +The brand retains strong cultural equity from 24 years of association with action sports, motorsports, and music subcultures
  • +NASCAR partnership with Tyler Reddick and 23XI Racing provides visibility in markets where Rockstar's sales are weaker
  • +Celsius Holdings' position as PepsiCo's energy category captain enables unified planogram design and SKU prioritization across three brands

Considerations

  • -Rockstar's market share has been declining for years as newer brands like Celsius and Alani Nu attracted consumers seeking better-for-you options
  • -The brand faces intense competition from Red Bull and Monster Energy, which dominate the traditional energy drink segment
  • -Split ownership between Celsius (U.S. and Canada) and PepsiCo (international) creates potential brand strategy inconsistencies
  • -Rockstar contributed only $55.6 million in revenue in 2025 (partial year), a small fraction of Celsius Holdings' $2.5 billion total
  • -Dependence on PepsiCo for distribution creates concentration risk, as PepsiCo accounted for 43.2 percent of Celsius Holdings' total revenue in 2025
  • -Regulatory scrutiny of energy drink caffeine content and health claims remains an ongoing challenge

Frequently Asked Questions About Rockstar Energy

Sources & Further Reading

  • Rockstar Energy Official Website -
  • PepsiCo: Celsius Holdings and PepsiCo Strengthen Strategic Partnership (Aug 2025) -
  • Celsius Holdings: Full-Year 2025 Financial Results (Feb 2026) -
  • SEC EDGAR: Celsius Holdings 8-K/A (Rockstar Acquisition) -
  • Marketing Dive: Rockstar Energy CMO on Brand Revitalization -
  • FoodNavigator: Celsius Buys Rockstar Energy from PepsiCo -
  • Statista: Rockstar Energy Drink U.S. Sales -
  • Celsius Holdings Investor Relations -
  • SEC EDGAR: Celsius Holdings (CELH) Filings -
  • FDA Adverse Event Reports -
  • Wikipedia: Rockstar Energy -

Competitors to Rockstar Energy

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
DasaniDasani
Coca Cola Company
USA
1999
Mass marketGlobalAll Genders
Element SkateboardsElement Skateboards
Authentic Brands Group
USA
1992
PremiumGlobalMens
Minute MaidMinute Maid
Coca Cola Company
USA
1945
Mass marketGlobalAll-consumers
Von ZipperVon Zipper
Authentic Brands Group
USA
2000
Mid marketGlobalUnisex
Alani NuAlani NuSister Brand
Celsius Holdings
USA
2018
PremiumUnited statesWomens

Learn More About Competitors

DasaniFood Beverage

Dasani

Owned by The Coca-Cola Company

Purified bottled water brand owned by The Coca-Cola Company (NYSE: KO). Launched in 1999, Dasani is Coca-Cola's fourth-largest brand by volume in North America and holds approximately 12% global market share in bottled water.

bottled-waterpurified-waterbeverages
Element SkateboardsSports

Element Skateboards

Owned by Authentic Brands Group

American skateboard brand founded in 1992, producing decks, apparel, and accessories with a focus on environmental consciousness and skate culture. Owned by Authentic Brands Group.

skateboardsskate-apparelaction-sports
Minute MaidFood Beverage

Minute Maid

Owned by The Coca-Cola Company

American juice and beverage brand owned by The Coca-Cola Company, known for orange juice and fruit juice products. In 2026, Coca-Cola discontinued Minute Maid frozen concentrate after 80 years, pivoting to ready-to-drink and fresh juice formats.

juiceorange-juicefruit-juice
Von ZipperSports

Von Zipper

Owned by Authentic Brands Group

California-based eyewear brand specializing in sunglasses, snow goggles, optical glasses, and moto goggles for action sports and lifestyle use. Owned by Authentic Brands Group through its 2023 acquisition of Boardriders. Von Zipper generates approximately $22 million in annual revenue with distribution in over 50 countries.

eyewearsunglassessnow-goggles
Alani NuFood Beverage

Alani Nu

Owned by Celsius Holdings, Inc.

American better-for-you energy drink and supplement brand founded in 2018, acquired by Celsius Holdings in January 2025 for approximately $1.8 billion.

energy-drinksfitness-supplementsbetter-for-you

Competitive Analysis

Market Positioning: Rockstar Energy competes with 5 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Rockstar Energy

Looking for brands with different ownership structures? These similar brands are not owned by Celsius Holdings, Inc., giving you alternative choices that support different corporate structures.

ButterfingerFood Beverage

Butterfinger

Owned by Ferrero

American candy bar brand known for its peanut butter and chocolate flavor, owned by Ferrero Group.

candy-barchocolatepeanut-butter
Privately Owned

Butterfinger is privately owned, unlike Rockstar Energy which is under a publicly traded parent company.

Girl Scout CookiesFood Beverage

Girl Scout Cookies

Owned by Girl Scouts of the USA

Seasonal cookies sold annually by Girl Scouts USA troops as a fundraising program. Produced by two licensed bakeries: ABC Bakers (Interbake Foods) and Little Brownie Bakers (Keebler/Flowers Foods). Over 200 million packages sold annually generating approximately $800 million in revenue. Founded in 1917.

cookiesfundraisingyouth-program
Privately Owned

Girl Scout Cookies is privately owned, unlike Rockstar Energy which is under a publicly traded parent company.

Kellogg's Corn FlakesFood Beverage

Kellogg's Corn Flakes

Owned by Ferrero

Iconic ready-to-eat breakfast cereal invented in 1894, now owned by Ferrero through WK Kellogg Co.

breakfast-cerealready-to-eat-cerealcorn
Privately Owned

Kellogg's Corn Flakes is privately owned, unlike Rockstar Energy which is under a publicly traded parent company.

Krispy KremeFood Beverage

Krispy Kreme

Owned by JAB Holding Company

American doughnut brand founded in 1937, publicly traded on NASDAQ (DNUT) with JAB Holding as largest shareholder at 43%. Operates over 2,100 shops globally with a hub-and-spoke distribution model.

doughnutsbakeryfood-beverage
Privately Owned

Krispy Kreme is privately owned, unlike Rockstar Energy which is under a publicly traded parent company.

M&M'sFood Beverage

M&M's

Owned by Mars, Incorporated

Candy-coated chocolate confections produced by Mars, Incorporated, one of the world's best-selling candy brands since 1941.

candychocolateconfectionery
Privately Owned

M&M's is privately owned, unlike Rockstar Energy which is under a publicly traded parent company.

Milky WayFood Beverage

Milky Way

Owned by Mars, Incorporated

American nougat, caramel, and chocolate candy bar owned by Mars, Incorporated, introduced in 1923. One of the oldest candy bars still in production in the United States, with a distinct formulation difference between US and European versions.

chocolatecandy-barnougat
Privately Owned

Milky Way is privately owned, unlike Rockstar Energy which is under a publicly traded parent company.

Celsius Holdings, Inc. Stock Information

Jobs at Celsius Holdings, Inc.

Latest News About Rockstar Energy

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Last reviewed: July 30, 2026 · Reviewed by Who Brands Editorial Team