Specifically where S is a subspace of $R^n$. $P_S$ is the orthogonal projection onto $S$.
and the reflection matrix $ M = I - 2P_S$
I understand a similar proof where the eigenvalues of the projection matrix is either 0 or 1. Now trying to get the intuition for the reflection matrix (M) case.
This is the proof for projection matrices that I have seen:
$$Px = \lambda x $$ $$P^2 = P$$ $$P^2x = \lambda x$$ $$P(Px) = \lambda x$$ $$\lambda^2x = \lambda x$$ $$\lambda(\lambda -1)x = 0$$
$M=I-2P$. Then $M^2=(I-2P)(I-2P)=I^2-4P+4P^2=I-4P+4P=I$ and $M^2x=λ^2x=Ix=x$. Then $λ^2=1$. Hence $λ=±1$