Republicans did in fact win a majority in the U.S. House of Representatives in the November 8, 2022 midterm elections, securing 222 seats to Democrats’ 213, thus taking control of the chamber. Control of the Senate, however, was genuinely uncertain in the days leading up to and immediately following Election Day because several key races were very close, and the Georgia Senate race went to a December 6, 2022 runoff before Democrats ultimately retained a 51–49 majority (including independents who caucus with Democrats).

Chamath’s prediction, as normalized—Republicans will win a majority in the House of Representatives, while control of the Senate is uncertain at the time of this statement—matches what actually occurred in the House, and correctly characterizes the then-uncertain status of the Senate at the time he spoke. Therefore, the prediction is right regarding its concrete, checkable component (GOP House majority), and its description of the Senate as "up for grabs" was accurate for that moment.