On cusps of caustics by reflection: a billiard variation on Jacobi's Last Geometric Statement

A point source of light is placed inside an oval. The $n$-th caustic by reflection is the envelope of the light rays emanating from the light source after $n$ reflections off the curve. We show that each of these caustics, for a generic point light source, has at least 4 cusps. This is a billiard variation on Jacobi's Last Geometric Statement, concerning the number of cusps of the conjugate locus of a point on a convex surface. We present various proofs, using different ideas, including the curve shortening flow and Legendrian knot theory.