I don't think you can export data from a query to Excel and have it displayed as a hyperlink.
I have done it by automation
Code:
wsSheet.hyperlinks.add anchor:=application.selection, address:= "mailto:someone@somewhere.com", TextToDisplay:="This what is displayed"
This will create a hyperlink in the active cell of excel, in this case to an email address. Open a recordset based on your query and loop through it to export multiple hyperlink.
Search for something like
"ms access vba excel automation" to get some ideas and come back here if you need more help