<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001723729</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001776111</issuerCik>
      <issuerName>MBX Biosciences, Inc.</issuerName>
      <secFileNumber>001-42272</secFileNumber>
      <issuerAddress>
        <com:street1>11711 N. MERIDIAN STREET</com:street1>
        <com:street2>SUITE 300</com:street2>
        <com:city>CARMEL</com:city>
        <com:stateOrCountry>IN</com:stateOrCountry>
        <com:zipCode>46032</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>3179893100</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Bartram Richard</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Former Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>900 Salem Street</com:street1>
          <com:city>Smithfield</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02917</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>22500</noOfUnitsSold>
      <aggregateMarketValue>991901.00</aggregateMarketValue>
      <noOfUnitsOutstanding>47597536</noOfUnitsOutstanding>
      <approxSaleDate>05/11/2026</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/11/2026</acquiredDate>
      <natureOfAcquisitionTransaction>Option Granted - 04/20/2022</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>5000</amountOfSecuritiesAcquired>
      <paymentDate>05/11/2026</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/11/2026</acquiredDate>
      <natureOfAcquisitionTransaction>Option Granted - 11/07/2022</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>5000</amountOfSecuritiesAcquired>
      <paymentDate>05/11/2026</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/11/2026</acquiredDate>
      <natureOfAcquisitionTransaction>Option Granted - 08/15/2023</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>7500</amountOfSecuritiesAcquired>
      <paymentDate>05/11/2026</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/11/2026</acquiredDate>
      <natureOfAcquisitionTransaction>Option Granted - 02/03/2025</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>5000</amountOfSecuritiesAcquired>
      <paymentDate>05/11/2026</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Richard B. Bartram</name>
        <address>
          <com:street1>11711 N. Meridian Street, Suite 300</com:street1>
          <com:city>Carmel</com:city>
          <com:stateOrCountry>IN</com:stateOrCountry>
          <com:zipCode>46032</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>03/16/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>300471.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Richard B. Bartram</name>
        <address>
          <com:street1>11711 N. Meridian Street, Suite 300</com:street1>
          <com:city>Carmel</com:city>
          <com:stateOrCountry>IN</com:stateOrCountry>
          <com:zipCode>48032</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>03/25/2026</saleDate>
      <amountOfSecuritiesSold>1061</amountOfSecuritiesSold>
      <grossProceeds>30217.49</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Richard B. Bartram</name>
        <address>
          <com:street1>11711 N. Meridian Street, Suite 300</com:street1>
          <com:city>Carmel</com:city>
          <com:stateOrCountry>IN</com:stateOrCountry>
          <com:zipCode>48032</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>04/22/2026</saleDate>
      <amountOfSecuritiesSold>10423</amountOfSecuritiesSold>
      <grossProceeds>341377.72</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Richard B. Bartram</name>
        <address>
          <com:street1>11711 N. Meridian Street, Suite 300</com:street1>
          <com:city>Carmel</com:city>
          <com:stateOrCountry>IN</com:stateOrCountry>
          <com:zipCode>48032</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/01/2026</saleDate>
      <amountOfSecuritiesSold>5000</amountOfSecuritiesSold>
      <grossProceeds>159000.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Richard B. Bartram</name>
        <address>
          <com:street1>11711 N. Meridian Street</com:street1>
          <com:street2>Suite 300</com:street2>
          <com:city>Carmel</com:city>
          <com:stateOrCountry>IN</com:stateOrCountry>
          <com:zipCode>48032</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/07/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>322050.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Richard B. Bartram</name>
        <address>
          <com:street1>11711 N. Meridian Street</com:street1>
          <com:street2>Suite 300</com:street2>
          <com:city>Carmel</com:city>
          <com:stateOrCountry>IN</com:stateOrCountry>
          <com:zipCode>48032</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>05/08/2026</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>379562.50</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>05/11/2026</noticeDate>
      <signature>/s/ Eric Janiak, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Richard B. Bartram</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
