AbstractThe well‐known Makishima–Mackenzie relationship, consisting of two terms of the dense packing structure and dissociation energy regarding bonding in constituent oxides, enables fabricating oxide glasses with ultrahigh Young's modulus (∼140 GPa) and a small coefficient of thermal expansion (CTE) (∼4 ppm/K). The effects of increasing MgO and Ta2O5 contents in an MgO–Ta2O5–Al2O3–SiO2–B2O3 glass system using a conventional melt‐quenching method are revealed. The essential oxides of Al2O3 and Ta2O5 are primarily suitable for dense packing structures dominated by a large coordination number of oxygens. The substitution of CaO by MgO results in high dissociation energy when the glass composition falls in the peraluminous regime (Al2O3/[MgO + CaO] > 1). A small CTE is realized by increasing the molar ratio of Al2O3/MgO. According to magic‐angle spinning‐nuclear magnetic resonance spectra, mechanically and thermally functional oxide glasses depend on their structures. These findings facilitate the development of glass substrate applications without thermal dilatation.