Would the Battle of Cape Matapan still happen?

Would the Battle of Cape Matapan still happen after the expanded Taranto strike?

Probably not in its historical form; the Italian fleet would be repairing severe damage while Britain watched and concentrated superior forces.

The historical Battle of Cape Matapan is unlikely to occur in recognizable form after a much larger Taranto strike. The surviving Italian battleships would be tied up in repairs, while Britain could watch their return to service and concentrate heavier forces against them. A strong British fleet could also move between the Mediterranean and Indian Ocean if Italy tried to reactivate major units. The result is deterrence or a different interception rather than the same 1941 battle.