Stereoselective preparation of α‐silylated α‐quaternary unsaturated aldehydes 2 from variously substituted silylated vinyloxiranes is achieved with the aid of palladium(0) catalysis under smooth experimental conditions. One example of a versatile application of this rearrangement reaction, in the case of the tert‐butyldimethyl(3‐vinyloxiran‐2‐yl)silane derivative 1a, has resulted in one‐pot diastereoselective syntheses of the highly functionalized polysubstituted δ‐lactones 33–39, the reactivity of which has been studied.(© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2006)