To reproduce: run the attached sample project and press the "stream export" button.
Workaround: use the GridViewSpreadExport https://docs.telerik.com/devtools/winforms/gridview/exporting-data/spread-export
Dim spreadExporter As GridViewSpreadExport = New GridViewSpreadExport(RadGridView1)
Dim exportRenderer As New SpreadExportRenderer()
Dim fileName As String = "..\..\Export" & DateTime.Now.ToLongTimeString().Replace(":", "_") + ".xlsx"
spreadExporter.RunExport(fileName, exportRenderer)