Spectral theorem versus diagonalisability

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There are two versions of the spectral theorem that I see in sources (for the real case):

  1. For an inner product space $(V,g)$ with a s.a operator $T$, there exists an o.n.b s.t. each basis vector is an eigen-vector of $T$.

  2. Given any symmetric matrix $T$, there exists an orthogonal matrix $P$ s.t. $P^{-1}TP$ is diagonal with the diagonal elements of the matrix corresponding to the eigenvalues of $T$.

The second condition is essentially the diagonalisability condition. It is fairly obvious that if one expresses $T$ in an arbitrary basis, then the existence of an o.n.b implies by change of basis the second definition except for one point: $P$ is orthogonal. What am I missing?