Ace Frehley, the founding guitarist for the rock band KISS , has died at age 74.

His death was confirmed in a statement from his family.

"We are completely devastated and heartbroken," the statement said. "In his last moments, we were fortunate enough to have been able to surround him with loving, caring, peaceful words, thoughts, prayers and intentions as he left this earth. We cherish all of his finest memories, his laughter, and celebrate his strengths and kindness that he bestowed upon others."

The statement went on to say: "The magnitude of his passing is of epic proportions, and beyond comprehension. Reflecting on all of his incredible life achievements, Ace's memory will continue to live on forever!"

Frehley, whose costumed stage persona with the band was called The Spacem

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