Just use Process.Start() and pass "excel.exe" as the first parameter, and the filename as the second parameter:
Private Sub Button1_Click(sender As System.Object, e As System.EventArgs) Handles Button1.Click
Dim TabDelimitedFileName As String = "C:\Users\Mike\Documents\somefile.txt"
If System.IO.File.Exists(TabDelimitedFileName) Then
Process.Start("excel.exe", Chr(34) & TabDelimitedFileName & Chr(34))
Else
MessageBox.Show(TabDelimitedFileName, "File Not Found")
End If
End Sub