Exhibit 5.1
 | Goodwin Procter LLP 601 Marshall St. Redwood City, CA 94063
goodwinlaw.com +1 650 752 3100 |
November 1, 2021
Rocket Lab USA, Inc.
3881 McGowen Street
Long Beach, CA 90808
| Re: | Securities Being Registered under Registration Statement on Form S-8 |
We have acted as counsel to you in connection with your filing of a Registration Statement on Form S-8 (the “Registration Statement”) pursuant to the Securities Act of 1933, as amended (the “Securities Act”), on the date hereof relating to an aggregate of 102,720,324 shares (the “Shares”) of common stock, $0.0001 par value per share, of Rocket Lab USA, Inc., a Delaware corporation (the “Company”), that may be issued pursuant to the Company’s 2021 Stock Option and Incentive Plan, the Company’s 2021 Employee Stock Purchase Plan and the Company’s Second Amended and Restated 2013 Stock Option and Grant Plan (collectively, the “Plans”).
We have reviewed such documents and made such examination of law as we have deemed appropriate to give the opinions set forth below. We have relied, without independent verification, on certificates of public officials and, as to matters of fact material to the opinion set forth below, on certificates of officers of the Company.
The opinion set forth below is limited to the Delaware General Corporation Law.
For purposes of the opinion set forth below, we have assumed that no event occurs that causes the number of authorized shares of common stock of the Company available for issuance by the Company to be less than the number of then unissued Shares.
Based on the foregoing, we are of the opinion that the Shares have been duly authorized and, upon issuance and delivery against payment therefor in accordance with the terms of the Plans, will be validly issued, fully paid and nonassessable.
We hereby consent to the inclusion of this opinion as Exhibit 5.1 to the Registration Statement. In giving our consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations thereunder.
Rocket Lab USA, Inc.
November 1, 2021
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| Very truly yours, |
| /s/ Goodwin Procter LLP |
| GOODWIN PROCTER LLP |